606 Smith St NEMapletonMN56065
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Mapleton at 606 Smith St NE, Mapleton, MN, 56065 uses $53,007 cash to close to unlock $6,074/yr annual cash flow and $506/mo monthly cash flow. Total monthly income runs $1,505/mo, and a $783/mo payment keeps the spread at $506/mo. Purchase price stands at $159,900, and rental yield measures 11.29% with $1,505/mo rent. Return on cash invested shows 31.37% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 164.46% and total cumulative return in cash records $87,174. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,505/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1890
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 56065, Mapleton, MN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,110 (100%) |
| Owner Occupied HU | 826 (74.4%) |
| Renter Occupied HU | 216 (19.5%) |
| Vacant Housing Units | 68 ( 6.1%) |
| Median Home Value | $309,294 |
| Average Home Value | $334,797 |
Housing Distribution
Address Breakdown
Residential
866
Single Family
803
Multi-Family
63
Businesses
88
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices